If you can catch a trend early, you can make outsized gains.
This is true of almost all investment opportunities.
But there is a small difference.
A difference that separates investment in real estate from other asset classes.
If you keep in mind this difference, you will know why property investment in Joka is an extremely promising proposition right now.
This is especially true of Indian real estate investing.
What is the difference?
Well, it is cyclicality.
While all soft assets like equities and fixed-income instruments like bonds and term deposits are cyclical in nature, real estate is not.
Property prices inch up gradually and almost never come back. It just goes up and up.
That is why it is important to catch the uptrend early.
Why Joka is Much Preferred by Homebuyers
We have observed that there is considerable interest from homebuyers in buying properties in Joka.
You can see that the largest number of inquiries are received by us for Joka here, here, and here in our last 3 half-yearly Kolkata Market Reports.
Joka has outperformed all other locations by a wide margin in terms of homebuyers’ interest.
Why?
Because Joka is at the beginning of a huge transformation right now and investing in an apartment now can present you with massive financial gains in the near future.
Such an opportunity rarely presents itself.
If you are considering buying a flat now, take a hard look at Joka.
The window of opportunity is a short one and will close soon.
Our research team with long experience in spotting trends early definitely thinks so.
And they have valid reasons to think so.
Let us share with you what they have got to say.
But before that, let’s discuss some details about Joka.
Joka has an Extensive Educational Infrastructure
DH Road area is dotted with various schools. While there are schools with affordable fee structures, there are also premium schools.
And of course, there is the IIM, Joka.
Some of the prominent educational institutions are:
- National Gems Higher Secondary School
- BD Memorial School
- Orient Day School
- Mary’s School
- Vivekananda Mission School
- MP Birla Foundation Higher Secondary School
- Pailan World School
- Shaw Public School near Behala Blind School
- KE Carmel
- Vidya Bharti
- Gems Akademia International School
- DPS Joka
- RP Goenka International School
- IIM Joka
- Pailan College Of Management And Technology
- Dream Institute of Technology
- Praxis Business School
High-Quality Healthcare Facilities are Close by
It is important to have good quality healthcare infrastructure near your home and time is often of the essence in case of medical emergencies.
Joka is close to top-class nursing homes and hospitals nearby and because of the Taratala flyover, even CMRI and Woodlands are easily accessible. Travel time will further reduce once Metro connectivity is in place.
- CMRI
- Woodlands Hospital
- BM Birla Heart Research Centre
- Kothari Medical Centre
- Balananda Brahmachari Hospital
- Narayan Memorial Hospital
- Vidyasagar State General Hospital
- Karnapat Hospital (Behala)
- Kasturi Medical Center Pvt. Ltd.
- Disha Eye Hospital
- Bharat Sevasharam
- ESI Hospital (Joka)
Ample Shopping and Entertainment Opportunities
Joka is not devoid of modern shopping and entertainment centres also. There are ample shopping centres and department stores.
Some of the most popular markets, multiplexes, and entertainment centres located in and around Joka are:
- Reliance Mall
- Behala Market
- Thakurpukur Bazar
- Ajanta Multiplex
- Ashoka Cinema Hall
- Bazar Kolkata
- Max Fashion
- M-Bazar
- Laxmi Narayan Temple
- Swami Narayan Temple
Joka has Excellent Connectivity
Currently, Joka is easily accessible by all buses plying on Diamond Harbour Road between Taratala and Pailan (AC 52, VS-6,131, 12C/1A, 235, 7, 3A, etc). Yellow taxis, autorickshaws, and Ola/Uber cabs. Raichak and Diamond Harbour bound buses are also frequently available.
There is also autorickshaw connectivity with Tollygunge Metro station (Mahanayak Uttam Kumar), which is 9.2 km away.
This is going to radically change with the starting of the Joka-Taratala section of the Joka-Esplanade Metro line (Kolkata Metro line 3).
Let’s see how that will happen.
Metro is a Game Changer
It is expected that the Joka-Taratala section will be operational soon and this will dramatically improve connectivity to and from the entire area.
On the Joka-Taratala Metro line, there are six stations altogether. They are Joka, Thakurpukur, Shakherbazar, Behala Chowrasta, Behala Bazar, and Taratala.
It will open up more opportunities to travel to different places of the city from these areas.
Let’s see how that will happen.
Once Metro is operational, residents of Joka will not have to change autorickshaws 3 times to reach Taratala as it is today.
All the schools, hospitals/nursing homes/markets near Taratala, New Alipore, or Mominpur will have reduced travel time. This will further reduce as the Metro is operational till Majerhat and beyond.
Taratala has excellent autorickshaw connectivity with Rashbehari crossing. It takes only about 15 minutes or so.
From Rashbehari, you can travel toward Gariahat by autorickshaw or bus. Or travel to Rabindra Sadan, Park Street, Esplanade, or even Shyambazar by Metro. Fast and easy.
There is also good autorickshaw connectivity with Tollygunge/Anwar Shaw Road.
There is no problem in spending an evening at South City Mall for casual shopping and watching a movie.
What the Future Beholds
As the Metro line extends beyond Taratala and finally connects Joka with Esplanade, connectivity will further improve.
It is also expected that the completion of this phase will gather speed now that all problems are already solved.
Joka-Esplanade Metro will connect with the main Metro line at Park Street. It will be convenient to travel to the business districts of Park Street-Camac Street area and BBD Bag quite comfortably.
Even traveling to the Airport and Howrah Station will be easier once the Metro is fully operational. All you need to do is to change lines at Park Street.
This will further enhance the convenience and save massive travel time on a daily basis. It is also expected that property prices will react positively to this development.
If you are buying a property in Joka today, you can expect handsome returns once this happens.
Why You Should Buy a Property in Joka Now
- Joka is situated in a relatively pollution-free environment, yet all comforts of modern living is available in many upcoming residential complexes here.
- There is an ample number of schools, healthcare facilities, and shopping centres close by.
- It is conveniently connected to major business hubs, infrastructural facilities, and the buzzing hotspots of Kolkata. Connectivity will further improve with the introduction of the Joka-Taratala Metro.
- Relatively fewer problems such as waterlogging, drainage problems, or law and order issues.
- On-going infrastructure development projects especially the Joka-Esplanade Metro, when completed, will dramatically increase connectivity and the prices of flats will see upward momentum. Buying a property right now is expected to offer substantial financial gain.
Joka has now positioned itself to be the next big thing in Kolkata’s real estate landscape. It is a favourite location of homebuyers now. Affordable apartments, luxury homes, and innovative theme-based residential spaces are promising ‘next-level’ living, spurring demand among customers.
